US-Iran “peace” breakthrough: Washington and Tehran announced an end to the war on all fronts and a plan to reopen the Strait of Hormuz, with a signing in Switzerland on June 19; Trump also ordered removal of the US naval blockade and promised “let the oil flow,” while Iran says the deal includes immediate termination of military operations and points to sanctions relief and frozen-asset releases. Lebanon flashpoint: Israel is publicly challenging the scope of the accord—its defense minister says troops will stay “indefinitely” in Lebanon, Syria and Gaza, and Lebanon says it was not informed of the deal’s terms or ceasefire timing; meanwhile Israeli strikes on Beirut’s southern suburbs continued as talks neared completion. Regional diplomacy and nuclear gaps: Pakistan, as key mediator, confirmed it will organize the signing; European leaders welcomed the MoU but pressed for unconditional, unrestricted Hormuz navigation and faster follow-through, while the nuclear and ballistic details remain the biggest unresolved issue. Global reaction: G7 leaders in France are set to discuss the agreement’s implications for Lebanon and Hormuz, with markets rallying as oil prices slide on reopening hopes. Domestic politics in Israel: Opposition figures attacked Netanyahu for being sidelined and for a deal they say strengthens Tehran without meeting Israel’s war goals. Saudi housing tie-in: Separate from the diplomacy, Saudi Arabia awarded Chinese firms major contracts for nearly 4,500 housing units, underscoring ongoing Gulf economic engagement even as regional security shifts.